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Borrowings Under Credit Facilities and Related Items (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Dec. 31, 2016
Aggregate borrowings under the unsecured line of credit arrangements      
Balance outstanding at quarter end $ 522,000 [1] $ 645,000 [1] $ 645,000
Maximum amount outstanding at any month end 1,010,000 945,000  
Average amount outstanding (total of daily principal balances divided by days in period) $ 796,356 $ 671,044  
Weighted average interest rate (actual interest expense divided by average borrowings outstanding) 1.81% 1.29%  
[1]
As of March 31, 2017, letters of credit in the aggregate amount of $32,456,000 have been issued, which reduces the borrowing capacity on the unsecured revolving credit facility.